See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4

162 Franklin Avenue #2, Long Branch, NJ, 07740

4beds
4baths
--sqft
$1,775,000
--price/sqft
$12,110/moest. monthly cost
$484,400/yrincome needed

About This Home

Beach Walk at Long Branch is a new community comprised of 9 luxury single family residences. These multi-level detached homes offer over 3200 sq ft of modern elegance. This is last unit in the front row. Reverse living floor plan features 4 bedrooms, 3.5 baths and a private 5 stop elevator that leads from the basement all the way up to the roof top level featuring a wet bar and roof top deck. The gourmet kitchen is perfect for entertaining, showcasing a 9 foot quartz island and Thermador appliances. Just two blocks to the beach and Pier Village or NJ Transit and 1.3 miles to West End shops and restaurants. Still time to choose your finishes. Early summer delivery on this home.

Getting Around

78
WalkingVery Walkable
40
TransitSome Transit
66
BikeBikeable

Schools

--
Morris Avenue SchoolGrades PK-K0.4 mi
4/10
4/10
Long Branch High SchoolGrades 9-120.7 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Flat

Type & Style

  • Home type: Condo
  • Architectural style: Reverse Living
  • Property subType: Condominium

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Dec Molding,Elevator,Wet Bar,Recessed Lighting
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,2 Zoned Heat
  • Cooling features: Central Air,2 Zoned AC

Property

Details

  • Parcel number: 270022900000000509270022900000000502

Features

  • Stories: 5
  • Exterior features: Balcony

Parking

  • Total spaces: 1
  • Parking features: Paver Block,Double Wide Drive,Driveway
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Lightning
Winter Weather
Cold Wave
Earthquake
Hurricane
Heat Wave
Inland Flooding
Ice Storm
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,975$107,700
Home Insurance *$679$8,148
Property Taxes $2,263$27,156
Electricity $193$2,318
Total$12,110$145,320
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$415,200/yr
40% on housing$363,300/yr
45% on housing$322,933/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07740$776
Monmouth County$424

vs Homes Sold Last Month

Median $/sqft

ZIP 07740$460
Monmouth County$384

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-16Listed for sale$1,825,000

New Construction

AgentAnna Garifine
BrokerageRE/MAX Synergy

Similar Homes